Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia (FOB) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia (CIF) - 2022
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $7,239 per ton in 2022, growing by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $7,480 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -0.7% per year.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia (CIF) - 2022
The average import price for colouring matter; ultramarine and preparations based therea stood at $2,713 per ton in 2022, waning by -50.4% against the previous year. In general, the import price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 68%. Over the period under review, average import prices attained the maximum at $5,468 per ton in 2021, and then reduced remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +9.8% per year.
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia
In 2022, exports of colouring matter; ultramarine and preparations based therea from Latvia dropped dramatically to 67 kg, waning by -95.1% against 2021. Overall, exports recorded a significant decrease.
In value terms, exports of colouring matter; ultramarine and preparations based therea reduced rapidly to $485 in 2022. In general, exports faced a dramatic slump.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 8.2 | 0.5 | -93.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 8.2 | 0.5 | -93.9% | ||
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Latvia in 2022:
- Netherlands (67.0 kg)
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia
For the third year in a row, Latvia recorded decline in purchases abroad of colouring matter; ultramarine and preparations based therea, which decreased by -88.4% to 150 kg in 2022. Over the period under review, imports recorded a dramatic downturn. The smallest decline of -87.8% was in 2021.
In value terms, imports of colouring matter; ultramarine and preparations based therea dropped dramatically to $407 in 2022. Overall, imports continue to indicate a significant decline. The smallest decline of -82.9% was in 2021.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 40.6 | N/A | N/A | 0.4 | -78.6% |
| Denmark | 319 | 41.3 | N/A | N/A | -87.1% |
| Others | 3.8 | N/A | 7.1 | N/A | 36.7% |
| Total | 364 | 41.3 | 7.1 | 0.4 | -89.7% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Latvia in 2022:
- Lithuania (150.0 kg)
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